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Georgia increases export of flours, meals and pellets to Turkey

Business Materials 22 February 2020 12:09 (UTC +04:00)
Georgia increases export of flours, meals and pellets to Turkey

BAKU, Azerbaijan, Feb.22

By Tamilla Mammadova – Trend:

Georgia exported 1,654 tons of flours, meals and pellets, totaling $1.9 million to Turkey in January 2020, Trend reports referring to the Georgian National Statistics Office (Geostat).

On an annualized basis, Georgia increased the export of flours, meals and pellets by 671,346 tons to Turkey.

Over the same period last year, 673 tons of flours, meals and pellets were exported by Georgia to Turkey for a total amount of $856,000.

In January 2020 Georgia exported 818.4 tons of fats and oils and their fractions, of fish or marine mammals totaling $1.3 million to Turkey.

Turkey ranks first in Georgia’s commodity circulation.

In January 2020, total imports to Georgia from Turkey amounted to $97.2 mllion. In turn, Georgia exported goods worth $19.8 million to Turkey.

The foreign trade turnover of Georgia with Turkey in January 2020 exceeded $117 million, which is 13.3 percent of the total trade turnover of Georgia.

In January 2020 the external merchandise trade (excluding non-declared trade) of Georgia amounted to $882.5 million, 5.7 percent higher compared to the same month of 2019.

As reported, the exports equaled $262.6 million (10 percent higher), while the imports stood at $619.8 million (4 percent higher). The negative trade balance was $357.2 million.

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